Citigroup Inc., whose U.S. wealth-management business oversees about $181 billion in client assets, created a new business to sell products through independent advisers as Chief Executive Officer Jane Fraser maps a path to managing more money for wealthy individuals. “With ...

Black History Month gives financial services an opportunity to reflect on its roles in advancing equality and its part in failing to address systemic oppression, both for workers and the communities they serve. Numerous firms this month have highlighted their ...

After a selloff that put global stocks on course for their worst month since the start of the pandemic, strategists from Goldman Sachs Group Inc. to Citigroup Inc. say it’s now time to buy. “Any further significant weakness at the ...

Bank of America Corp. is bringing employees back to offices in U.S. regions where new coronavirus cases have started to decline. The bank’s staff have returned or are making their way back in the coming weeks based on their region’s ...

Goldman Sachs Group Inc., one of Wall Street’s fiercest champions of returning its staff to offices, is asking U.S. employees to work from home if they can until Jan. 18 as Covid-19 surges nationwide. Goldman’s reversal comes after most of ...

Citigroup Inc. is looking to hire 100 people as part of a new push into digital assets inside its institutional business, according to a person familiar with the matter. As part of the effort, the firm tapped Puneet Singhvi to ...

Citigroup Inc. will require all U.S. employees be vaccinated against Covid-19 as a condition of their employment, citing President Joe Biden’s directive to federal contractors.  The Wall Street giant asked staffers to submit proof of vaccination by Dec. 8, and ...

Citigroup Inc. became the first Wall Street bank to agree to do a deep dive into its business to see if, and how, it contributes to racial discrimination.  The audit will be conducted by attorneys at Covington & Burling, Citigroup ...

A decade and a half after spinning off its wealth management business in a transaction that had an impact on thousands of financial advisers, American Express Co. is tiptoeing back into financial planning with a new digital tool aimed at ...

Billionaire hedge fund manager Alan Howard paid $59 million for a Manhattan townhouse in March. Just two months later he obtained a $30 million mortgage from Citigroup Inc. Denis Sverdlov, worth $6.1 billion thanks to his shares in electric vehicle ...